Funding you earn now, next payment 12:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin−0.433%91s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.730%+$73 · spread now −0.433%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.464% cheaper against BloFin than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +0.031%). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GIGGLE-USDT | 39.230 | 0.0146 | pay 0.0073% / 4h | 1h 51m | $495K | $63K | 50x |
| Short | Binance GIGGLEUSDT | 39.060 | 0.0100 | get 0.0050% / 4h | 1h 51m | $11.5M | $18.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.74
- Price spread: −0.433% → +0.031%
- −$46.42
- Slippage, 4 orders
- −$37.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.4
- Costs to cover
- 0.592%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 57 min ago; Binance: live order book, 12 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 57 min ago | 2.58 bp | 15.6 bp −$16 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.27 bp | 13.2 bp −$13 | 24.7 bp −$247 | 395.7 bp −$39.6K | doesn't fit |
GIGGLE on 14 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GIGGLEUSDTM | −0.0196% | 4h | 39.020 | −0.535% | $2.1M | $3.5M | 50x | as long as short |
| Aster GIGGLEUSDT | +0.0100% | 4h | 39.113 | −0.298% | $47K | $136K | 5x | as long as short |
| Binance GIGGLEUSDTshort | +0.0100% | 4h | 39.060 | −0.433% | $11.5M | $18.7M | 50x | |
| Bybit GIGGLEUSDT | +0.0100% | 4h | 39.070 | −0.408% | $1.7M | $2.2M | 25x | as long as short |
| OKX GIGGLE-USDT-SWAP | +0.0100% | 4h | 39.080 | −0.382% | $1.4M | $5.2M | 50x | as long as short |
| Gate GIGGLE_USDT | +0.0100% | 4h | 39.100 | −0.331% | $393K | $633K | 50x | as long as short |
| Bitget GIGGLEUSDT | +0.0100% | 4h | 39.130 | −0.255% | $1.7M | $469K | 25x | as long as short |
| Variational Omni GIGGLE | +0.0100% | 4h | 39.255 | +0.064% | $27K | $7K | — | as long as short |
| GRVT GIGGLE_USDT_Perp | +0.0100% | 4h | 39.240 | +0.026% | $210K | $407K | 10x | as long as short |
| SunX GIGGLE-USDT | +0.0100% | 4h | 39.100 | −0.331% | $2K | $1.6M | 20x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GIGGLE-USD | +0.0104% | 1h | 39.056 | −0.442% | $2K | $193K | 5x | as long as short |
| BloFin GIGGLE-USDTlong | +0.0146% | 4h | 39.230 | long leg | $495K | $63K | 50x | |
| MEXC GIGGLE_USDT | +0.0208% | 4h | 39.050 | −0.459% | $1.5M | $842K | 50x | as long as short |
| BingX GIGGLE-USDT | +0.0208% | 4h | 39.090 | −0.357% | — | $6.7M | — | as long as short |
BloFin GIGGLE-USDT
Binance GIGGLEUSDT
KuCoin GIGGLEUSDTM
Aster GIGGLEUSDT
Bybit GIGGLEUSDT
OKX GIGGLE-USDT-SWAP
Gate GIGGLE_USDT
Bitget GIGGLEUSDT
Variational Omni GIGGLE
GRVT GIGGLE_USDT_Perp
SunX GIGGLE-USDT
Extended GIGGLE-USD
MEXC GIGGLE_USDT
BingX GIGGLE-USDT